The Archive · 1892

The Chartered Mercantile Bank

11th November.

The final report of the Committee appointed by the shareholders to confer with the Directors of the Chartered Mercantile Bank of India, London, and China shows that a large proportion of the prop support their scheme, and that subscript promised for now capital are satisfactory, Of the thirty thousand A shares which it was contemplated to issue, it is now propu 0d, jor to be reserved for first issue shall be only: fifteen w future issue as silver capital for India and the East generally. Enquiry. showa that the reconstruction of the Bank is far preferable to liquidation.

THE BRITISH TO RETAIN UGANDA, It is understood that the Government have decided to continue the occupation of Uganda.

12th November, With reference to yesterday's telegram regarding the occupation of Uganda, this is now said to be premature.

Text read from the printed page and cleaned; old type leaves the occasional error.

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